Kirby Common Stock Shares Outstanding vs Total Assets Analysis

KEX Stock  USD 121.02  2.36  1.91%   
Kirby financial indicator trend analysis is infinitely more than just investigating Kirby recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kirby is a good investment. Please check the relationship between Kirby Common Stock Shares Outstanding and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kirby. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.

Common Stock Shares Outstanding vs Total Assets

Common Stock Shares Outstanding vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kirby Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kirby's Common Stock Shares Outstanding and Total Assets is 0.92. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets in the same time period over historical financial statements of Kirby, assuming nothing else is changed. The correlation between historical values of Kirby's Common Stock Shares Outstanding and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Kirby are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Kirby's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Kirby assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kirby books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Kirby's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kirby current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kirby. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.Selling General Administrative is likely to rise to about 352 M in 2024. Tax Provision is likely to rise to about 74.8 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit380.0M522.4M700.1M351.2M
Total Revenue2.2B2.8B3.1B3.2B

Kirby fundamental ratios Correlations

0.90.820.880.990.980.90.970.451.0-0.530.480.940.920.960.880.90.710.980.950.31-0.26-0.13-0.730.830.66
0.90.620.710.840.891.00.80.550.9-0.70.560.80.910.960.780.730.80.950.840.3-0.250.02-0.620.670.48
0.820.620.770.850.740.630.870.00.83-0.250.020.750.660.710.710.720.460.760.740.11-0.02-0.27-0.660.750.47
0.880.710.770.870.870.710.840.410.85-0.330.450.930.870.760.890.860.620.860.950.56-0.2-0.19-0.660.960.85
0.990.840.850.870.960.840.990.410.99-0.50.440.930.870.910.880.890.690.950.940.24-0.29-0.21-0.70.840.67
0.980.890.740.870.960.880.950.510.98-0.530.540.930.920.950.870.90.670.980.940.39-0.33-0.11-0.690.790.71
0.91.00.630.710.840.880.80.510.9-0.680.520.790.90.960.780.720.80.940.830.27-0.230.01-0.620.670.47
0.970.80.870.840.990.950.80.340.98-0.420.360.910.830.90.840.90.590.930.90.2-0.24-0.19-0.730.790.63
0.450.550.00.410.410.510.510.340.41-0.650.990.550.550.480.440.340.610.490.560.52-0.460.19-0.130.320.41
1.00.90.830.850.990.980.90.980.41-0.520.440.920.910.970.850.890.690.980.920.27-0.23-0.11-0.740.80.61
-0.53-0.7-0.25-0.33-0.5-0.53-0.68-0.42-0.65-0.52-0.62-0.43-0.61-0.59-0.54-0.27-0.77-0.56-0.52-0.040.490.170.07-0.3-0.21
0.480.560.020.450.440.540.520.360.990.44-0.620.570.560.50.480.370.590.510.60.54-0.490.18-0.140.360.46
0.940.80.750.930.930.930.790.910.550.92-0.430.570.890.860.830.910.710.920.960.51-0.21-0.05-0.740.870.71
0.920.910.660.870.870.920.90.830.550.91-0.610.560.890.910.820.820.820.950.90.46-0.150.02-0.70.830.65
0.960.960.710.760.910.950.960.90.480.97-0.590.50.860.910.790.840.70.990.870.3-0.20.02-0.730.70.52
0.880.780.710.890.880.870.780.840.440.85-0.540.480.830.820.790.760.680.850.950.26-0.46-0.37-0.460.890.85
0.90.730.720.860.890.90.720.90.340.89-0.270.370.910.820.840.760.520.880.880.4-0.1-0.16-0.870.820.69
0.710.80.460.620.690.670.80.590.610.69-0.770.590.710.820.70.680.520.720.730.25-0.27-0.09-0.40.650.4
0.980.950.760.860.950.980.940.930.490.98-0.560.510.920.950.990.850.880.720.930.38-0.21-0.03-0.750.80.63
0.950.840.740.950.940.940.830.90.560.92-0.520.60.960.90.870.950.880.730.930.43-0.36-0.19-0.630.910.81
0.310.30.110.560.240.390.270.20.520.27-0.040.540.510.460.30.260.40.250.380.430.00.27-0.310.410.46
-0.26-0.25-0.02-0.2-0.29-0.33-0.23-0.24-0.46-0.230.49-0.49-0.21-0.15-0.2-0.46-0.1-0.27-0.21-0.360.00.54-0.35-0.13-0.45
-0.130.02-0.27-0.19-0.21-0.110.01-0.190.19-0.110.170.18-0.050.020.02-0.37-0.16-0.09-0.03-0.190.270.54-0.16-0.24-0.33
-0.73-0.62-0.66-0.66-0.7-0.69-0.62-0.73-0.13-0.740.07-0.14-0.74-0.7-0.73-0.46-0.87-0.4-0.75-0.63-0.31-0.35-0.16-0.66-0.34
0.830.670.750.960.840.790.670.790.320.8-0.30.360.870.830.70.890.820.650.80.910.41-0.13-0.24-0.660.83
0.660.480.470.850.670.710.470.630.410.61-0.210.460.710.650.520.850.690.40.630.810.46-0.45-0.33-0.340.83
Click cells to compare fundamentals

Kirby Account Relationship Matchups

Kirby fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B5.9B5.4B5.6B5.7B6.0B
Short Long Term Debt Total1.5B1.7B1.4B1.3B1.2B1.2B
Other Current Liab237.0M147.7M157.4M138.1M195.6M205.4M
Total Current Liabilities514.1M466.0M543.8M642.2M675.8M709.6M
Total Stockholder Equity3.4B3.1B2.9B3.0B3.2B3.3B
Property Plant And Equipment Net3.9B4.1B3.8B3.8B4.0B4.2B
Net Debt1.5B1.6B1.3B1.2B1.2B1.2B
Retained Earnings2.9B2.6B2.3B2.5B2.7B2.8B
Cash24.7M80.3M34.8M80.6M32.6M23.7M
Non Current Assets Total5.2B4.9B4.4B4.3B4.6B4.8B
Non Currrent Assets Other(530.0M)(551.5M)(526.2M)(563.1M)89.5M93.9M
Cash And Short Term Investments24.7M80.3M34.8M80.6M32.6M34.4M
Net Receivables483.3M600.2M567.9M598.0M578.7M607.7M
Common Stock Shares Outstanding59.9M59.9M60.1M60.3M59.9M58.3M
Liabilities And Stockholders Equity6.1B5.9B5.4B5.6B5.7B6.0B
Non Current Liabilities Total2.2B2.4B2.0B1.9B1.9B2.0B
Inventory351.4M309.7M331.4M461.8M454.4M477.1M
Other Current Assets58.1M57.8M69.8M71.4M69.5M73.0M
Other Stockholder Equity536.9M545.8M559.3M550.7M452.2M256.1M
Total Liab2.7B2.8B2.5B2.5B2.5B2.7B
Total Current Assets917.6M1.0B1.0B1.2B1.1B1.2B
Short Term Debt27.3M65.5M69.7M76.2M74.7M78.5M
Intangible Assets210.7M69.0M60.1M51.5M42.9M40.8M
Other Assets58.2M232.4M48.0M62.8M72.2M73.2M
Accounts Payable206.8M162.5M199.1M278.1M269.4M282.8M
Current Deferred Revenue43.0M45.4M72.8M119.3M134.6M141.3M
Property Plant And Equipment Gross3.9B4.1B5.4B5.5B6.0B6.3B
Accumulated Other Comprehensive Income(37.8M)(61.5M)(26.0M)16.9M35.0M36.8M
Other Liab684.2M738.5M645.4M649.1M746.5M783.8M
Long Term Debt1.4B1.5B1.2B1.1B1.0B728.5M
Treasury Stock(302.0M)(299.2M)(295.2M)(308.6M)(277.7M)(263.9M)
Property Plant Equipment3.8B3.9B3.7B3.8B4.4B4.6B
Net Tangible Assets2.2B2.4B2.3B2.6B2.9B2.0B
Noncontrolling Interest In Consolidated Entity3.0M3.2M2.5M2.3M2.1M3.6M
Retained Earnings Total Equity2.9B2.6B2.3B2.5B2.8B2.0B

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Additional Tools for Kirby Stock Analysis

When running Kirby's price analysis, check to measure Kirby's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kirby is operating at the current time. Most of Kirby's value examination focuses on studying past and present price action to predict the probability of Kirby's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kirby's price. Additionally, you may evaluate how the addition of Kirby to your portfolios can decrease your overall portfolio volatility.